LONG INCOME INDUSTRIAL INVESTMENT UNITS 12,13&14, ABERAMAN INDUSTRIAL ESTATE, ABERDARE, CF44 6DA CLICK HERE FOR AERIAL LINK 02 ABERAMAN INDUSTRIAL ESTATE, ABERDARE INVESTMENT SUMMARY ● Strategically located in Aberdare, 6.4 miles north west of the A470; the ● There is an open market review in 2027 (with a cap of £365,000) primary spine road connecting Cardiff and the M4 Motorway to the Heads of ● There is a strong occupational story with the Tenant in full occupation and the Valleys areas. recently secured an investment of £6m on a Melt Blown line at the facility. ● The property comprises three units that have been combined to form a total of ● The Tenant has been in occupation on a leasehold basis since 2002 (circa 81,000 sq ft with integral offices and on a site of 4.28 acres and site cover of 19 years) and prior to that owned the Freehold. They further demonstrated 43.75% with a further separate car park of 0.8568 acres their commitment to the location by signing a new 10 year reversionary lease ● Let to Fiberweb Geosynthetics Limited (incorporated in 7 October 1981) and commencing in 2022. guaranteed by Chicopee Holdings BV which forms part of the wider group ● We are instructed to seek offers in excess of £4,500,000 (Four Million, Five www.berryglobal.com. Hundred Thousand Pounds), reflecting a Net Initial Yield of 6.61%, after ● Long-term, secure income until 28th November 2032 deducting standard purchaser’s costs of 7.32% and a low Capital Value of £59 per sq ft. ● Passing rent of £319,382.32 per annum (£3.94 psf). 03 ABERAMAN INDUSTRIAL ESTATE, ABERDARE LOCATION Aberdare is a well-established industrial location in the South Wales ● The RCT borough is well-connected and recorded over 2 billion road traffic kilometres across the borough in 2018 (Source: Welsh Government). This area, located 10 miles north of Pontypridd, 22 miles north of Cardiff was the second highest traffic count in Wales, second only to Cardiff, and and 11 miles south of Merthyr Tydfil. demonstrates its excellent connectivity. ● The town is strategically situated immediately off the A470, 6.5 miles to ● Aberdare is located within the county borough of Rhondda Cynon Taf (RCT) the south east which is the main spine road providing strong logistics and and through its connectivity allows occupiers to benefit from a skilled commuter connectivity between Cardiff and the M4 Motorway to the Heads of employment pool across the wider area of Merthyr Tydfil, Ebbw Vale, the Valleys areas. Pontypridd and Caerphilly areas. ● The RCT borough is bounded by a total of 7 other counties including Cardiff, Bridgend, Caerphilly and the Vale of Glamorgan, amongst others and is thereby well placed to access the majority of the dense urban areas across South Wales. 04 ABERAMAN INDUSTRIAL ESTATE, ABERDARE SITUATION & CATCHMENT AREAS The A470 corridor is a highly regarded commercial location that is bounded ● Other occupiers on Aberaman industrial park include: by the M4 Motorway to the south and the A465 Heads of the Valleys Road The Royal Mail, Toolstation, The Royal Opera House, Rocialle, Showa UK and to the north. Aberdare is ideally situated to access this major arterial road What Stores. infrastructure and is just 6.5 miles away from the A470. The Heads of the ● The Riverside Retail Park situated to the North of Aberaman Industrial Park Valleys road to the north is nearing the end of a significant £800m upgrade is extremely popular and there is a planning application by Lidl for a new scheme, which will further improve accessibility and journey times to the 23,000 sq ft store on 2.6 acres opposite the Asda store. Other occupiers in the Retail Park include Costa, Dominos, Greggs, Halfords, Farm Foods, KFC and Midlands areas. The new Mountain Ash Cross Valley link bridge completed Premier Inn. in October 2020 is a multi million pound highways scheme with a new road ● Leisure and gym facilities within the immediate vicinity include the Abercynon bridge from Cwm Cynon Industrial Estate to Miskin Road, providing a vital Leisure Centre, Mountain Ash Golf Club and Whitehall Golf Club. new link for traffic travelling between the A4059 and B4275. The Council have submitted Planning for the Aberdare Bypass which will further improve links from the town to the A465. 05 ABERAMAN INDUSTRIAL ESTATE, ABERDARE MAJOR SOUTH WALES INDUSTRIAL OCCUPIERS - NORTH OF THE M4 A465 A40 A40 A465 A470 CONTINENTAL TEVES LTD A465 TENNECO LTD SHARP CLINICAL SERVICES A40 A465 MERTHYR TYDFIL A4042 AMNITEC A48 A449 AVON ENGINEERED RUBBER LTD IG DOORS LTD ABERAMAN SHOWA UK LTD ABINGDON FLOORING LTD A465 A48 INDUSTRIA L ESTATE WILD WATER GROUP SAFESTYLE UK PLC SPM PLASTICS ROCIALLE BRITISH AIRWAYS HAWKER SIDDELY SWITCHGEAR A470 SEDA UK LTD SMURFIT KAPPA LTD A4042 CHEPSTOW A449 TRANCEND PACKAGING A466 SWANSEA BEATUS CARTONS PONTYPRIDD DRIVE MEDICAL M48B M48 ROYAL MAIL A38 PETERS FOOD BEARMACH ENSINGER LTD A470 CAERPHILLY NEWPORT PEACOCKS ROYAL MINT LTD GE AIRCRAFT ENGINE YODEL SERVICES LTD A38 ROCKWOOL LTD 30 M49 FAREVA 32 A432 A48 35 A470 34 33 A38 A4232 CARDIFF A4 M32 A4174 A4232 A369 A420 BRISTOL A370 A4 A370 A4174 A37 SAT NAV BRECON M50 CF44 6DA A470 GLOUCESTER CHELTENHAM A465 A465 MERTHYR TYDFIL SWANSEANEATH 42 ABERDARE SWINDON INDUSTRIA L ESTATE A470 26 M49 NEWPORT 32 33 BRISTOL CARDIFF BRISTOL CHANNEL BATH WESTON-SUPER-MARE BRIDGWATER 06 ABERAMAN INDUSTRIAL ESTATE, ABERDARE CONNECTIVITY Distance by road Cardiff 22 miles South Wales and the Cardiff Capital Region is an area ● Cardiff Central Station offers onward intercity services with journey times of 2 hours to London and Birmingham New Newport 31 miles thriving on its rapid connectivity both domestically and Street. Swansea 31 miles internationally by road, rail, sea and air. ● The South Wales Metro project is an ambitious, multi- Bristol 60 miles million-pound project, that includes upgrading the railway Birmingham 113 miles ROAD lines, replacement of the entire rail fleet, electrification Reading 125 miles ● Linked to major national road infrastructure via the A470 of the Valleys lines. This upgrade includes the line from London 167 miles to the M4 Motorway providing onward access to Cardiff city Aberdare to Cardiff and is categorised as one the “Core centre and the other major South Wales cities of Newport Valleys Lines”. and Swansea. Train times from Cardiff AIR ● The A470 leading from Junction 32 of the M4, is the main Bristol 50 mins arterial route from Cardiff to the South Wales Valleys ● Cardiff International Airport is located 33 miles south of Birmingham 119 mins Aberdare and provides direct flights to an ever-expanding areas and the Heads of the Valleys (A465) road which has London 127 mins recently undergone £800m improvement works to create a array of global destinations. Manchester 190 mins new dual-carriageway, better connecting the Heads of the SEA Valleys areas to the Midlands. ● South Wales also has significant shipping infrastructure. ● The Severn Bridge tolls were also abolished in December Associated British Ports have ports in Cardiff, Barry, 2018 which has boosted industrial occupier confidence in Newport, Port Talbot and Swansea which collectively handle the region. more than 12 million tonnes of cargo per annum. RAIL ● Aberdare has a well-connected regional station with frequent connections to Cardiff Central Railway Station. 07 ABERAMAN INDUSTRIAL ESTATE, ABERDARE DESCRIPTION ● The property comprises three units that have been amalgamated (but ● The Tenant is fully committed to the location, is in full occupation and has could easily be returned back to three units.) They are of steel portal frame heavily invested in updating its onsite equipment to expand its specialist construction with profile steel clad elevations beneath a pitched roof. The capabilities and the fit-out of the unit to accommodate its occupation. property appears of mid 1980’s construction with minimum eaves height of ● The tenant has fitted out the unit to manufacture and produce tree shelters 4.7 metres, rising to 7.0 metres at the apex. and has recently invested heavily in the production of nonwoven Melt Blown ● The unit has five roller shutter doors leading to the yard/circulation area. The material that is used in surgical masks. There is extremely high demand for property is located within a securely fenced and gated boundary. this product given the Covid 19 pandemic. ● There is a separate surface car park opposite to ensure the work traffic and ● Externally, the Tenant has also installed a temporary storage facility within the pedestrians are separated yard area. ● The unit sits on a generous site of 4.28 acres (site cover of 43.75%). There is ● As part of the recent lease extension the landlord and tenant have agreed to a further site of 0.8568 that is used for car parking and offers longer term overclad the roof of property with the landlord making a contribution towards development potential. the cost. 08 ABERAMAN INDUSTRIAL ESTATE, ABERDARE TENURE TENURE EPC The property is held Freehold and subject to the The unit comprises a total Gross Internal Area of The Energy Performance Certificate Rating is “C”. following tenancy 81,000 sq ft (7525.14 sq m). The property has been measured in accordance with the RICS Code of This is how Tenant: Fiberweb Geosynthetics Limited Measuring Practice. energy efficient Guarantor: Chicopee Holdings BV the building is 51-75 The additional storage areas are 72 C Lease term: Expiring 7th November 2032 - Tenant improvements and are (no breaks) - excluded from the GIA area. Rent: £319,383pa (£3.94 psf) Rent Reviews: 8th November 2027 (capped at £365,000pa) Repairing: Full repairing and insuring 42200 215 42200 51 42200 OFFICE - - 52 55 - - CANTEEN INDUSTRIAL PROCESS 54 WAREHOUSE 50 OFFICE 3000 49 STORE No.